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UK government rejects calls for mandatory climate-related reporting
01 November 2018The UK government has rebutted calls from a parliamentary committee to require companies to make climate-related financial disclosures.
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UK seeks £400m EV fund manager with eye on lost EIB funding
31 July 2018The UK ‘will be prepared’ for the European Investment Bank (EIB) to pull funding for clean energy infrastructure projects, the country’s government has suggested.
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EU carbon update, 4 June 2018
05 June 2018EU Allowance prices are likely to continue to struggle this week, amid high volatility, says Louis Redshaw. However, the underlying uptrend remains strong, despite negative fundamental factors.
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Make climate risk reporting mandatory by 2022, says UK parliamentary committee
04 June 2018Asset owners and large companies based in the UK should be forced to report their exposure to climate-related risk within four years, the country's government has been told.
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‘Worryingly complacent’ UK pension funds neglect climate risk
25 May 2018Some of the largest pension funds in the UK are ‘worryingly complacent’ about the risks posed by climate change to investments, according to the Environmental Audit Committee (EAC).
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UK politicians recommend using dormant assets for green investments
17 May 2018MPs on the UK's Environmental Audit Committee have published a report recommending that dormant assets in the asset management and insurance industry should be used to counter a drop in green investments.
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UK parliament to weigh merits of making TCFD mandatory
14 January 2018An independent audit committee is to examine whether the recommendations of the FSB's Task Force on Climate-related Financial Disclosures (TCFD) should be made mandatory by the UK government.